Russian Railways Invested over 150 bln in its own Development
OREANDA-NEWS. In the first three quarters of 2007, Russian Railways invested over 150 billion roubles in its own development, which amounts to about 60% of the total investment planned for the year.
The Company’s major projects include:
Shipping oil to China;
Modernising the rail infrastructure on Sakhalin island;
Express passenger services between St. Petersburg and Buslovskaya and thence to Helsinki;
High-speed passenger services between St. Petersburg and Moscow;
Express passenger services between Moscow and Nizhny Novgorod etc.
Russian Railways is planning to invest a further 110 billion roubles by the end of 2007.
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